India cuts November gold imports by record $5 billion This represents the largest revision for any commodity in history, after errors in preliminary calculations inflated the figure to a record. Reuters | January 8, 2025 | 9:46 am
Gold ETFs drew first net inflow in four years in 2024, WGC says Total assets under management at gold ETFs rose by 26% to $270.5 billion in 2024. Reuters | January 8, 2025 | 9:31 am
Denarius approved for mining at Zancudo gold project in Colombia First gold-silver production from Zancudo is expected by the end of this quarter. Staff Writer | January 8, 2025 | 8:39 am
China becomes world’s second-largest holder of lithium reserves, Xinhua reports China's lithium reserves have risen from 6% to 16.5% of the global total, state media reported. Reuters | January 8, 2025 | 7:05 am
Two bids made for Glencore stake in New Caledonia’s Koniambo Nickel KNS halted its operations in March after Glencore decided to sell its 49% interest. Reuters | January 8, 2025 | 6:51 am
Gemfields faces 21% tax as Zambia reinstates export duty Combined with an existing 6% mineral royalty tax, the 15% export duty on emeralds represents a significant tax burden for Gemfields. Cecilia Jamasmie | January 8, 2025 | 3:45 am
Stubbornly resilient lithium supply remains hurdle to recovery Lithium prices have plunged since late 2022 on oversupply and slower-than-expected growth in electric vehicle demand. Bloomberg News | January 7, 2025 | 5:37 pm
Colorado start-up raises $5.1m to advance critical mineral separation with biochemistry Alta aims to increase supplies of rare earth elements like neodymium and dysprosium by cost-effectively separating them from abundant low-grade sources. Staff Writer | January 7, 2025 | 4:10 pm
Equinox Gold extends Fazenda mine to 2033 Fazenda has been operating since 1984 as a combined underground and open pit mine, producing over 3.3 million oz. of gold to date. Staff Writer | January 7, 2025 | 3:34 pm
